Prosus Begins Paring $4 Billion Stake In Meituan After The Chinese Company Expands Into Brazil: Report
According to a Bloomberg report citing people familiar with the matter, Prosus has sold nearly $250 million worth of shares of Meituan over the last two weeks and could sell more.
In an open letter to hoteliers on Wednesday, JD.com said it will provide supply‑chain services aimed at lowering operational costs and enhancing guest experiences.
investing.com·3mo ago
Bernstein downgrades Meituan to “market perform” amid margin, expansion risks
investing.com·3mo ago
JD.com Underperforms Industry in 3 Months: Should You Book Profits?
Zacks·3mo ago
JD.com shares drop after Meituan CEO’s competitive pledge
Investing.com-- Hong Kong-listed shares of JD.com (HK:9618) dropped on Tuesday after Meituan (HK:3690) CEO Wang Xing higlighted intensifying competition in China’s instant retail market.
Investing.com-- Shares of JD.com (HK:9618) and Meituan (HK:3690) declined on Tuesday following JD.com's allegations of anti-competitive behavior in China's food delivery sector.
investing.com·5mo ago
Chinese e-commerce stocks fall as USPS halts inbound packages from China, HK
Investing.com-- Shares of major Chinese e-commerce companies fell today after the United States Postal Service (USPS) announced an indefinite suspension of incoming parcels from China and Hong Kong.